243
243
Dec 20, 2012
12/12
by
CNBC
tv
eye 243
favorite 0
quote 1
i mentioned what was happening with japan. the bank of japan concluded its two-day policy meeting. for plenty more on what's happening in asia and japan, let's get straight out to diedra. >> it was a lot of buy on the rumor, sell on the stock. after the boj's decision, we did see the nikkei 225 drift downwards, about 1.2%. analysts say investors are asking what is the long-term plan for this market? it has run up nearly 16% in the last six weeks, five weeks, rather. so taking a bit of a breather and investors reassessing what long-term growth in japan is going to look like and the implications of that boj decision. the boj, of course, releasing an additional 10 trillion yen in monetary stimulus. so that's what we are looking at in japan. in korea, a different story. we had some upside. this market was closed yesterday when these indexes gained. more importantly, the presidential election, korea yesterday elected its first female president seen as market and business friendly. ta gave the market a boost. the greater chinese markets continued to be volatile today, particularly the sh
i mentioned what was happening with japan. the bank of japan concluded its two-day policy meeting. for plenty more on what's happening in asia and japan, let's get straight out to diedra. >> it was a lot of buy on the rumor, sell on the stock. after the boj's decision, we did see the nikkei 225 drift downwards, about 1.2%. analysts say investors are asking what is the long-term plan for this market? it has run up nearly 16% in the last six weeks, five weeks, rather. so taking a bit of a...
230
230
Dec 19, 2012
12/12
by
CNBC
tv
eye 230
favorite 0
quote 0
you saw the moves in the nikkei in japan. huge moves there because of the expectation that they're going to be doing more to help things out, more stimulus is expected. and the bank of japan expected to get involved. of course, that hurts the yen. that's why you see the dollar higher against that. gold now up about $4.10 to 1,674.8 an ounce. below 1,700. >>> time for the global markets report. kelly evans is standing by in london. a lot of action over there today. >>> thank you. there really has been. and in fact, it's the greek banks which are leading the way. i can't remember the last time we said that. if you look at trading broadly, it's the most beaten down areas where we're seeing the strength this morning. again, here are some of the names to mention whether it's the national bank of greece. we saw these up in the range of better than 8% earlier. now in the range of 5% to 8%. again, if you look at the levels, you see we're snapping up from low valuations generally speaking. it doesn't take a lot at 63 cents to get an 8
you saw the moves in the nikkei in japan. huge moves there because of the expectation that they're going to be doing more to help things out, more stimulus is expected. and the bank of japan expected to get involved. of course, that hurts the yen. that's why you see the dollar higher against that. gold now up about $4.10 to 1,674.8 an ounce. below 1,700. >>> time for the global markets report. kelly evans is standing by in london. a lot of action over there today. >>> thank...
174
174
Dec 19, 2012
12/12
by
CNBC
tv
eye 174
favorite 0
quote 1
the bank of japan. japan's exports fall for the sixth straight month. you are going to see the bank of japan on thursday announce new stimulus measures. you're going to see efforts to weaken the yen. it's going to get even weaker. that is the old yen carry trade. that may be where some of this money is coming from to do the odd little trades that seem to be going on. out of bonds, into stocks, selling gold as well. i think that's a real factor here. what caught my eye this morning, there was a survey out saying the hedge funds is the most exposed to the market since 2010. a lot of people mentioned that and said, that is a contrary indicator, high levels of activity in the stock market for hedge funds, often a negative indicator overall. let me mention night capital. they are selling themselves to geico. i took two-to-one ratio. this is a good deal all around. you're going to marry the biggest, fastest traders out there, getco. you're going to marry that with knight, which has the biggest wholesale business out there. so you're going to get big business,
the bank of japan. japan's exports fall for the sixth straight month. you are going to see the bank of japan on thursday announce new stimulus measures. you're going to see efforts to weaken the yen. it's going to get even weaker. that is the old yen carry trade. that may be where some of this money is coming from to do the odd little trades that seem to be going on. out of bonds, into stocks, selling gold as well. i think that's a real factor here. what caught my eye this morning, there was a...
190
190
Dec 28, 2012
12/12
by
CNBC
tv
eye 190
favorite 0
quote 0
japan, we have to keep all eyes on japan. >> that guy abe. what's his name? >> abe. you're talking about abe? >> that is the guy. honest abe. >> by the way, we have to talk about the john carney story. >> let me read it first. >> we can do that, too. >>> coming up, why investors member willing to take on more risk in 2013. first, as we head to a break, take a look at yesterday's winners and losers. >> that was wonderful. bravo. >> i loved that. it was great. >> it wasn't bad. >> there were parts of it that could have been a lot better. >> it was pretty terrible. >> it was awful. >> boo! [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. your doctor will say get smart about your weight. that's why there's glucerna hung
japan, we have to keep all eyes on japan. >> that guy abe. what's his name? >> abe. you're talking about abe? >> that is the guy. honest abe. >> by the way, we have to talk about the john carney story. >> let me read it first. >> we can do that, too. >>> coming up, why investors member willing to take on more risk in 2013. first, as we head to a break, take a look at yesterday's winners and losers. >> that was wonderful. bravo. >> i loved...
253
253
Dec 13, 2012
12/12
by
CNBC
tv
eye 253
favorite 0
quote 0
. >>> over to japan, voters are heading to the poll on sunday. the major indicators suggest a win for the opposition party. the local media says there is still a large pool of undecided japanese voters. kari enjoji has more on this report from tokyo. >> reporter: 12 parties, some less than a month ole are fielding 1,504 candidates. but instead of being slow for choice, voters say i just don't know. polls suggest the prime minister's democratic party is unraveling, hinting that many first-time politicians that swept the party to a victory three years ago could be wiped out. >> it's quite possible that the cpj will sink from neing first or second but possibly to even third parties in japanese politics. >> the dpj's handling of the fukushima disaster and undelivered economic promises have alien ated many voters. if the liberal democratic party wins, shinzo abi could with the newest restoration governor. the emergence of these smaller parties could mean a messy transition period. >> my gut feeling is that possibly no single party will win the single
. >>> over to japan, voters are heading to the poll on sunday. the major indicators suggest a win for the opposition party. the local media says there is still a large pool of undecided japanese voters. kari enjoji has more on this report from tokyo. >> reporter: 12 parties, some less than a month ole are fielding 1,504 candidates. but instead of being slow for choice, voters say i just don't know. polls suggest the prime minister's democratic party is unraveling, hinting that...
151
151
Dec 26, 2012
12/12
by
CNBC
tv
eye 151
favorite 0
quote 0
finally, how to play japan. very interesting comments today about japan near 52-week high on the index. here's one way to play it, the ewj and simon hobbs, you don't get the benefit of any moves in the currency. you get exposed to the currency. as the yen weakens as it's been that way, you have to account for that. there are ways around that. there are atfs that try to take out the currency plays. i want to put this up. what this does is it takes into account currency fluctuations and it tries to hedge against it so you only get a pure play on japanese stocks. you notice this has been moving up. let me do a comparison chart to show you that it does make a difference. if you do a comparison between the ewj here and this one that hedges on currency, you'll see it's been outperforming. this has been happening as the yen has been weakening. so believe it or not, carl, there are ways that you can hedge out some of this risk using etfs with very, very little effort. it used to be complicated. now there are etfs that w
finally, how to play japan. very interesting comments today about japan near 52-week high on the index. here's one way to play it, the ewj and simon hobbs, you don't get the benefit of any moves in the currency. you get exposed to the currency. as the yen weakens as it's been that way, you have to account for that. there are ways around that. there are atfs that try to take out the currency plays. i want to put this up. what this does is it takes into account currency fluctuations and it tries...
199
199
Dec 18, 2012
12/12
by
CNBC
tv
eye 199
favorite 0
quote 0
when japan went into inflation, the currency went up. i think what europe is telling you is even though there's a risk of breakage, it's telling you deflation. their banks are much more levered than ours. so to me there are other ways to be involved in europe besides the currency. we still remain very cautious on the financial services system but i don't think the currency is going to implode given what is reflecting to me is a deflationary income. we are moving up in the capital structure of year and trying to help small and medium-sized businesses when the big bank are shrinking. that's happening slowly but what it allows is a firm like kkr to go in with its clients and help out small and medium size businesses grow. we've done that across real estate and other types of industries. that's working well. >> one last question there. is the sweetest of the sweet a german manufacturer, a seimans or -- >> germany, the mark can kets has had a big run this year. there are other parts of europe where we're poking around and we think it's intere
when japan went into inflation, the currency went up. i think what europe is telling you is even though there's a risk of breakage, it's telling you deflation. their banks are much more levered than ours. so to me there are other ways to be involved in europe besides the currency. we still remain very cautious on the financial services system but i don't think the currency is going to implode given what is reflecting to me is a deflationary income. we are moving up in the capital structure of...
206
206
Dec 4, 2012
12/12
by
CNBC
tv
eye 206
favorite 0
quote 0
china -- at least japan's a democracy. >> you're lucky you were blowing the whistle in japan and not china. you wouldn't be here. >> a good point. >> it's a crazy story. i still can't get over -- >> the author of republicans at the gate did a review in the new york times and he said this story compares with a john grisham knowledge and it does. >> what was the 700 million, fees paid to banks? >> it was just false fees. one piece of paper. >> and who ended up lining the pockets here? >> the money went to the cayman islands. so we'll a never know the truth. part of it was just to try to use off balance sheet vehicles to write them down. >> this former ceo, has he got cayman island accounts? >> i don't think there's any evidence of personal gain. no evidence of that. but last month in japan -- >> who was the owner of cayman island accounts? >> we'll never know all the truth. we'll never know all the truth unfortunately. but the whole board had to stand down last year. the local boa first time in the history of the knee nikkei. >>> nmichael, thanks for joinin us. when we come back, we'll
china -- at least japan's a democracy. >> you're lucky you were blowing the whistle in japan and not china. you wouldn't be here. >> a good point. >> it's a crazy story. i still can't get over -- >> the author of republicans at the gate did a review in the new york times and he said this story compares with a john grisham knowledge and it does. >> what was the 700 million, fees paid to banks? >> it was just false fees. one piece of paper. >> and who...
286
286
Dec 24, 2012
12/12
by
CNBC
tv
eye 286
favorite 0
quote 0
but at the moment, because of the issues in japan and all the issues in the u.s., europe and particularly euro is the one to send out is the strong demand. this is something that european policies and that european companies will need to work with. >> next year, although the eurozone economy is stag nating, we do expect a recovery in the global economy to which europe corporate sector is very well levered. it's that recover in the global back drop which allows margins to rise a little bit in eurozone, gives some type line growth and overall profit growth we think of around 9%. >> standing out in 2013, the biggest uncertainty right now has to do with around the housing market in the united states. some people are increasing their belief that you're going to see growth in the housing market from, you know, previous estimates are like 1.5% to % or even 4%. that is the unknown. because as everybody knows, housing has so many secondary and tertiary effects, domino effects, positive effects on the u.s. economy. but if that's the case, if we have stabilized and are going to move higher, that wil
but at the moment, because of the issues in japan and all the issues in the u.s., europe and particularly euro is the one to send out is the strong demand. this is something that european policies and that european companies will need to work with. >> next year, although the eurozone economy is stag nating, we do expect a recovery in the global economy to which europe corporate sector is very well levered. it's that recover in the global back drop which allows margins to rise a little bit...
252
252
Dec 27, 2012
12/12
by
CNBC
tv
eye 252
favorite 0
quote 1
on the japan trade. in terms of retailers, sears holdings is up a percent in today's session, the other three are doing pretty poorly. pretty poorly in today's session. it does look like we are extending our three-day losing streak we saw across the three major averages in today's session. >> most excited about seaworld. >> seaworld filing for an ipo >> $100 million ipo, talking about who should ring the bell that day. >> shamu. >> a tank on that balcony? >> you heard about the aquarium in the shanghai shopping mall that just collapsed? >> no. >> they had sharks in this tank and spontaneously collapsehood, glass shattered in all, sharks in there. >> we know how well parks have done for comcast, for disney this year. not surprising that blackstone would want to hop on that. >> cedar fair done well. >> fun. >> ticker would be scas, by the way. >> for seaworld? >> yes. yes. yes. check with mary thompson in for bob pisani this morning. hey, mary. >> we note mixed market the dow up 7 1/2 points, continued wea
on the japan trade. in terms of retailers, sears holdings is up a percent in today's session, the other three are doing pretty poorly. pretty poorly in today's session. it does look like we are extending our three-day losing streak we saw across the three major averages in today's session. >> most excited about seaworld. >> seaworld filing for an ipo >> $100 million ipo, talking about who should ring the bell that day. >> shamu. >> a tank on that balcony? >>...
73
73
Dec 27, 2012
12/12
by
CNBC
tv
eye 73
favorite 0
quote 0
when you look at money printing going on in japan and the fiscal cliff here and debt ceiling limit and relatively weak dollar, gold should have a lot more shine to it. >> not like the possibility of going over the cliff is something new. if gold is getting a bit on cliff fears, why has it sold off in the last month? what's taken so long? >> funny you mention that, they read the headline, harry reid says, looks like we're going over the cliff, i don't think anybody thinks about that. but everybody hits the sell button because they think everybody's going to. there's plenty of reason to buy gold but whatever gold is dealing with on the negative side it is not done dealing with. i don't think it's a good time. we're going over the fiscal cliff but shortly there after, gold is going. long term i want gold but short term not so much. >> now you know what these guys think. what about you? if we do go over the cliff, would gold go higher or lower. tell us. sean egan tells us if going over the cliff would mean a slash in the credit rating and ralph acampora, two shows, 1:00 p.m. >> we'll catch
when you look at money printing going on in japan and the fiscal cliff here and debt ceiling limit and relatively weak dollar, gold should have a lot more shine to it. >> not like the possibility of going over the cliff is something new. if gold is getting a bit on cliff fears, why has it sold off in the last month? what's taken so long? >> funny you mention that, they read the headline, harry reid says, looks like we're going over the cliff, i don't think anybody thinks about that....
227
227
Dec 20, 2012
12/12
by
CNBC
tv
eye 227
favorite 0
quote 0
overseas in asia, a little bit of a sell-off in japan. remember, though, the nikkei did see some massive gains the day above. in fact closed above 10,000 on wednesday for the first time since all the way back to march. overnight it ended up closing down by about 121 points, or make that tuesday. wednesday was the sell-off. where am i? no, no, no, wednesday was the big move up, thursday was the sell-off. they're 12 hours ahead of us. in europe at this hour you can see that there are barely any gains anywhere across the markets. relatively flat for both the ftse, the cac, and for the dax, saz well. again, all of these kind of waiting to see what happens in washington. >> things got derailed and boehner today is going to -- we're going to have a vote in the house on the plan "b," which would, you know what that would involve, things kind of got retailed this week. i don't think i've talked to steve forbes in quite awhile. steve, it's great to have you on. everybody knows who you are. a lot of people, you know, since november 6th. there's usu
overseas in asia, a little bit of a sell-off in japan. remember, though, the nikkei did see some massive gains the day above. in fact closed above 10,000 on wednesday for the first time since all the way back to march. overnight it ended up closing down by about 121 points, or make that tuesday. wednesday was the sell-off. where am i? no, no, no, wednesday was the big move up, thursday was the sell-off. they're 12 hours ahead of us. in europe at this hour you can see that there are barely any...
237
237
Dec 27, 2012
12/12
by
CNBC
tv
eye 237
favorite 0
quote 0
japan's nikkei rising to its highest level since march of 2011. 21-month high. hope for actions from the central bank there. year-end bonus for big labor. national labor relations board stripped more protection for workers that don't want their monday wrip spent on politics. you don't knowones are yielding huge power in another way as the clock is ticking on the threatened strike that could shut down every port from maine to the texas gulf coast. once again, unions versus capitalism. here now is vincent, director of labor policy. good to have you here, vincent. >> thanks important having me on. >> so -- do i understand this correctly? if you are in a state that doesn't have right-to-work laws, you join a company that has a union shop and you have to pay dues and join the union. the money you spend on politics, i don't have to pay for that. has that changed now? is that something the labor relations board has done. make it a lot tougher to say i don't want to pay that. >> it has. one more example of the national labor relation board putting union leadership and b
japan's nikkei rising to its highest level since march of 2011. 21-month high. hope for actions from the central bank there. year-end bonus for big labor. national labor relations board stripped more protection for workers that don't want their monday wrip spent on politics. you don't knowones are yielding huge power in another way as the clock is ticking on the threatened strike that could shut down every port from maine to the texas gulf coast. once again, unions versus capitalism. here now...
186
186
Dec 18, 2012
12/12
by
CNBC
tv
eye 186
favorite 0
quote 0
tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my global account commission-free tdd#: 1-800-345-2550 through march 2013. tdd#: 1-800-345-2550 best part... no jet lag. tdd#: 1-800-345-2550 call 1-800-711-5510 t
tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show...
59
59
Dec 26, 2012
12/12
by
CNBC
tv
eye 59
favorite 0
quote 0
bristol myers and pfizer, mixed trade for these names even with an approval in japan. japanese regulators approved anti-clotting drug developed called eloquist. it is the third approval for the drug in less than two months. the u.s. fda considering it. their decision expected by st. patrick's day of 2013. infinity farm amended a licensing agreement involving enzymes that could help fight against cancer. rbc likes it. they raised their price target to 38 from 32. this company also recently sold stock which rbc adds could help shore up their capital position. >>> finally, best buy. best buy shares not moving higher today. in fact, down a percent. but you had positive comments i want to relay to you about the new store remodels. an analyst went to best buy post- and pre-model and says the new stores are a real up grade from the whole. he believes the new design could help sales. best buy down about 33% this quarter. >>> in bonus stock which is not a stock at all, it is an etf, talking about the uso, i'm only showing it to you because it's up 2.7%. it is very active and yo
bristol myers and pfizer, mixed trade for these names even with an approval in japan. japanese regulators approved anti-clotting drug developed called eloquist. it is the third approval for the drug in less than two months. the u.s. fda considering it. their decision expected by st. patrick's day of 2013. infinity farm amended a licensing agreement involving enzymes that could help fight against cancer. rbc likes it. they raised their price target to 38 from 32. this company also recently sold...
190
190
Dec 24, 2012
12/12
by
CNBC
tv
eye 190
favorite 0
quote 0
in asia, japan, and the philippines were closed. in europe only the uk, french, dutch and spanish stock markets are open. they're also going to be closing early. u.s. equity futures, see how the market is setting up for the day. dow off by 20 points. nasdaq off by 8 points s&p 500 off as well. let's get some of the headlines. regulators are reportedly looking into whether financially classified bad loans, "the wall street journal" citing depositions that were unsealed this morning. the s.e.c., fed, fbi alabama banking commission sig t.a.r.p. and the justice department has been questioning bank executives. regulators have warned 350 medical practices that they may have purchased potentially counterfeit botox from a network of wholesalers controlled by canada drugs. that's the problem. it's counterfeit. it's not working. >> is it no good? is it not botox? >> i'm asking a question. why it's not working. >> oh, oh, yeah. >> you are known for that razor sharp -- >> yeah. >> you're a print guy. take your time with these things. how long d
in asia, japan, and the philippines were closed. in europe only the uk, french, dutch and spanish stock markets are open. they're also going to be closing early. u.s. equity futures, see how the market is setting up for the day. dow off by 20 points. nasdaq off by 8 points s&p 500 off as well. let's get some of the headlines. regulators are reportedly looking into whether financially classified bad loans, "the wall street journal" citing depositions that were unsealed this...
220
220
Dec 31, 2012
12/12
by
CNBC
tv
eye 220
favorite 0
quote 0
it's clearly japan as well. so what happens in 2013 with gold? >> well, interestingly enough, we think that this actually could be gold's first down year since 2000 when it posted a negative gain. it seems to us that gold should actually be much higher, if in fact all the global debasing was going to push it in any sort of fundamental way. not even through 1700 and 1800, but well through 2000. so the bid has faded. i think there's kind of a cyclical exhaustion that has infected the investment community with gold as well. >> i want to also talk about copper. we did get china pmis out this morning, the highest reading since may of 2011. you're still skeptical of the copper trade. why is that? >> think about it, melissa, it's been trading between $3 and $4 a pound here for the post sort of crash time period. and that's really been the point in time where china has been very aggressive in terms of its capital expenditures. the rest of the world has been also quite innovative in terms of trying to stoke demand in its global housing markets. those thin
it's clearly japan as well. so what happens in 2013 with gold? >> well, interestingly enough, we think that this actually could be gold's first down year since 2000 when it posted a negative gain. it seems to us that gold should actually be much higher, if in fact all the global debasing was going to push it in any sort of fundamental way. not even through 1700 and 1800, but well through 2000. so the bid has faded. i think there's kind of a cyclical exhaustion that has infected the...
279
279
Dec 7, 2012
12/12
by
CNBC
tv
eye 279
favorite 0
quote 0
an earthquake off the northeast coast of japan triggered a tsunami warning. the warning has been lifted, but it was a 7.3 quake. so far no reports of any injuries or damage. it was for the same area devastated by an earthquake and tsunami back in march of last year. we will continue to bring you any developments. in the meantime, steve has some of the morning's top other stories. >> let's start with the markets. asian stocks rallying to 2012 highs overnight. the nikkei edging lower after hitting a se hitting hitting a seven month closing high yesterday. european trading, shares seem to be fwllat. bundesbank announced it had cut its growth outlook for the country. in the u.s., the nasdaq snapped its losing streak yesterday with its first gain in five days. the dow was on pace for its third straight weekly gain. u.s. equity futures at this hour -- we don't have them. maybe joe has them. >> steve, you are here because it's jobs friday. are you here representing c innocent objects t cnbc or the bls? >> i'm representing myself actually. >> good to have you. in cor
an earthquake off the northeast coast of japan triggered a tsunami warning. the warning has been lifted, but it was a 7.3 quake. so far no reports of any injuries or damage. it was for the same area devastated by an earthquake and tsunami back in march of last year. we will continue to bring you any developments. in the meantime, steve has some of the morning's top other stories. >> let's start with the markets. asian stocks rallying to 2012 highs overnight. the nikkei edging lower after...
319
319
Dec 14, 2012
12/12
by
CNBC
tv
eye 319
favorite 0
quote 0
i want to talk about japan. i know our audience is carrying a lot more these days about the fiscal cliff, but we've got another cliff of sorts coming up in japan, the electrics sunday. everyone is expecting that abe follows in the footsteps of mr. draghi and europe and mr. bernanke here in the u.s. we can more yen printing, that weakens the yen. maybe american investors can make some money in japanese stocks. i'd be curious where you think the election is going. does it matter? >> i think the world has more possibility that your pen might change course as far as monitoring fiscal policy after the elections. but the japanese realize when you play with fire, you might end up burning down the house. jgb's nine times tier one capital, if they're not careful, they can trigger a run on jgb and the house base comes tumbling down. so i think actually the next government is tokyo will be a lot more cautious. i think the market is -- >> so we can get another huge disappointment. so everyone thinks the dollar/yen is finall
i want to talk about japan. i know our audience is carrying a lot more these days about the fiscal cliff, but we've got another cliff of sorts coming up in japan, the electrics sunday. everyone is expecting that abe follows in the footsteps of mr. draghi and europe and mr. bernanke here in the u.s. we can more yen printing, that weakens the yen. maybe american investors can make some money in japanese stocks. i'd be curious where you think the election is going. does it matter? >> i think...
166
166
Dec 14, 2012
12/12
by
CNBC
tv
eye 166
favorite 0
quote 0
we have japan recession, europe in recession. which really makes the move in china that much more interesting. the world's second largest economy, export economy, dealing with recessions, and some of their most important export markets like europe dealing with issues in the united states so is this a real rally? i started asking people and there are a lot of people that are very smart about various aspects of china. as a matter of fact, one of my sources said that this weekend may be one of the most important economic conferences that deals with china in china. the work economic -- the economic work conference was held last year, december 12th through 14th. now it's really hard to nail down when it is but after it happens we will start to get headlined. so the long and the short of it is after talking on the floor a funny thing happened. you know, as i was asking many traders, do you believe this is real in china? is this orchestrated based on the new leadership? is it too predictable? if it walks like a duck and quacks like a du
we have japan recession, europe in recession. which really makes the move in china that much more interesting. the world's second largest economy, export economy, dealing with recessions, and some of their most important export markets like europe dealing with issues in the united states so is this a real rally? i started asking people and there are a lot of people that are very smart about various aspects of china. as a matter of fact, one of my sources said that this weekend may be one of the...
301
301
Dec 24, 2012
12/12
by
CNBC
tv
eye 301
favorite 0
quote 1
if you read all the comments and stories this weekend about abe in japan, and today he's in the "wall street journal," he wants it to go to 90. he thinks there's definitely a war going on in the foreign exchange markets. he's probably right. let's look at the euro currency. hovering at an eight-month high. there's probably going to be excitement there. one thing i can tell you is the boon in the euro, big trade in the last couple of weeks. melissa lee, back to you. >> they certainly have. rick santelli, thank you. the fiscal cliff talks also weighing on the energy markets. let's go to bertha coombs at the nymex. >> we are seeing a little bit of a pullback here when it comes to brent futures, and also across the board pretty much in energy today. not what you would necessarily expect with the weaker dollar. the concern, of course, is that if we do go over that fiscal cliff, no deal by the end of the year. that we will see some recessionary pressures here in the first quarter. at least that's what the congressional budget office is talking about. nat gas is feeling the pressure after a
if you read all the comments and stories this weekend about abe in japan, and today he's in the "wall street journal," he wants it to go to 90. he thinks there's definitely a war going on in the foreign exchange markets. he's probably right. let's look at the euro currency. hovering at an eight-month high. there's probably going to be excitement there. one thing i can tell you is the boon in the euro, big trade in the last couple of weeks. melissa lee, back to you. >> they...
203
203
Dec 31, 2012
12/12
by
CNBC
tv
eye 203
favorite 0
quote 0
japan, the nikkei, up by 0.7%. a lot of these markets are probably closed for new year's. also, take a look at the oil board today. you'll see that oil prices are down by about 35 cents, $90.45 a barrel. and the ten-year note, the yield was around 1.7% the last time we checked. the dollar has also been reacting rather well. all things considered. right now, the dollar is continuing up against most of these currencies. dollar versus the euro, euro is at 1.3193. dollar/yen is at 86.12 and gold prices have been a little higher this morning on, as well. you can see they're up by $5.70. $1,661 an ounce. joe. >> thank you. lawmakers are continuing fiscal cliff discussions this morning. let's get to john harwood with an update. i have now am viewing the ball falling tonight. if there is not a deal -- and i don't know, you're going to tell us what the chances are, but that gives a whole new meaning as that's coming down. we hit the cliff when that -- >> that would be the bottom of the cliff. >> this is the first time ever when it's more than just ushering in a new year, but it wou
japan, the nikkei, up by 0.7%. a lot of these markets are probably closed for new year's. also, take a look at the oil board today. you'll see that oil prices are down by about 35 cents, $90.45 a barrel. and the ten-year note, the yield was around 1.7% the last time we checked. the dollar has also been reacting rather well. all things considered. right now, the dollar is continuing up against most of these currencies. dollar versus the euro, euro is at 1.3193. dollar/yen is at 86.12 and gold...
279
279
Dec 28, 2012
12/12
by
CNBC
tv
eye 279
favorite 0
quote 1
as for europe, getting some data out of japan overnight and some data out of europe. currently red arrows across the board, in london, paris, and frankfort. our road map begins at the white house. congressional leaders set to meet with the president, 3:00 p.m. this afternoon. senator reid has already said hopes of a deal are fading quickly. just two trading days left until the cliff. and it's not just the fiscal cliff. wind farms and dairy are set to get hit. >> the ports of the east coast and gulf coast are bracing for a potential strike. the potential for this, midnight sunday with a shutdown threatening to threaten 20% of the cargo traffic. >> and instagram feeling the sting of the flap around privacy with users, fleeing the site. how will this impact facebook? >> as we mentioned, dennis berman, "wall street journal" market place editor is joining us here on set once again for the next hour. good to have you back, dennis. lots to talk about between the cliff and other news. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet wi
as for europe, getting some data out of japan overnight and some data out of europe. currently red arrows across the board, in london, paris, and frankfort. our road map begins at the white house. congressional leaders set to meet with the president, 3:00 p.m. this afternoon. senator reid has already said hopes of a deal are fading quickly. just two trading days left until the cliff. and it's not just the fiscal cliff. wind farms and dairy are set to get hit. >> the ports of the east...
249
249
Dec 12, 2012
12/12
by
CNBC
tv
eye 249
favorite 0
quote 0
. >> i've been around in asia and hong kong and japan recently and chile and brazil. you know what the most blinding thing is? you know who's got the best opportunity in the world? right here. best universities, best businesses, most innovation. in the universities we're sending, unfortunately, we're sending the very smart immigrants back home. we need to reform immigration. we have the widest, deepest, markets. the widest, deepest and most transparent market, in this whole mosaic, big companies that created this thing, this is the best place in the world to do business. not by divine right. it may not be that way in 30 years if we don't make the right decisions. if you could only invest in one place in the world, it would be here, still. that does not mean there are not huge opportunities elsewhere. we bank people around the world. you all have a lot of people up here smarter about the future of opportunities, about the things that happen in technology. but people say, technology, technology is going to -- is unbelievably good, strong and growing everywhere. from sys
. >> i've been around in asia and hong kong and japan recently and chile and brazil. you know what the most blinding thing is? you know who's got the best opportunity in the world? right here. best universities, best businesses, most innovation. in the universities we're sending, unfortunately, we're sending the very smart immigrants back home. we need to reform immigration. we have the widest, deepest, markets. the widest, deepest and most transparent market, in this whole mosaic, big...
274
274
Dec 26, 2012
12/12
by
CNBC
tv
eye 274
favorite 0
quote 0
. >> shinzo abe has been putting pressure on the bank of japan to raise its inflation target in hopes of extricating the country from two decades of deflation. i guess if you just raised the target -- >> that would help. >> okay. >> it doesn't matter what your target is if you can't hit it. >> we found that out here. >>> meantime, in europe markets are closed for the boxing day holiday. seems weird to do it just for a bunch of people to -- >> box up the gifts and return them. >> it's not a -- >> bad, i know. >> it is boxing. what kind of boxing are we -- boxer rebellion? >> i've never understood boxing day. >> we have to look it up. >> i literally have no idea. >> or it's on google. no, is there anything on google that is different? let me see. just a regular -- >> is there their our way to figure out what's going on in the world? >> yeah. google, whatever it has. as for the broader markets, let's take a quick look at oil. just been quiet. 89, sort of 85 to 90 for a while. yeah, google's back at its normal look today. the ten year at 1.777. the dollar which has been fun to watch, one
. >> shinzo abe has been putting pressure on the bank of japan to raise its inflation target in hopes of extricating the country from two decades of deflation. i guess if you just raised the target -- >> that would help. >> okay. >> it doesn't matter what your target is if you can't hit it. >> we found that out here. >>> meantime, in europe markets are closed for the boxing day holiday. seems weird to do it just for a bunch of people to -- >> box up...
215
215
Dec 12, 2012
12/12
by
CNBC
tv
eye 215
favorite 0
quote 1
it's japan. it's printing money around the world. that's why you've got to be in equities, and that's why the stock market is going to keep going higher. back to you. >> that's been your thesis for a while now, gary. it's, woulding. see you in a bit. >> you bet. >> nasdaq announcing a bit of a deal of its own this morning. >> the stock is up more than 4.5%. they're buying from thomson reuters, their investor relations and multimedia businesses for $390 million in cash. two things to point out that will be key. it will be accretive the next 12 months. more importantly, this is nasdaq just diversifying beyond trading and trying to bolster their portfolio of businesses as they move forward. back to you. >> brian shactman back at headquarters. it was one of the first web 2.0 companies to ignite the start-up seen, but gilt group has gone through growing pains. we'll talk to the company's outgoing ceo about the future of the company and whether the daily deals format can survive. [ male announcer ] when it comes to the financial obstacles
it's japan. it's printing money around the world. that's why you've got to be in equities, and that's why the stock market is going to keep going higher. back to you. >> that's been your thesis for a while now, gary. it's, woulding. see you in a bit. >> you bet. >> nasdaq announcing a bit of a deal of its own this morning. >> the stock is up more than 4.5%. they're buying from thomson reuters, their investor relations and multimedia businesses for $390 million in cash....
152
152
Dec 3, 2012
12/12
by
CNBC
tv
eye 152
favorite 0
quote 0
tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my global account commission-free tdd#: 1-800-345-2550 through march 2013. tdd#: 1-800-345-2550 best part... no jet lag. tdd#: 1-800-345-2550 call 1-800-790-3801 t
tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show...